Bonus shrinks single bank chief

Bonus shrinks single bank chief

World March 18, 2017 08:45

- Goldman Sachs CEO Lloyd Blankfein must surrender his reward. Drivers of other Wall Street banks go there just millions improved.

The annual income of Goldman Sachs CEO Lloyd Blankfein went with $ 1. 000. 000 back to $ 22 million. Cause was a poor first half of 2016 for the investment bank in conjunction with the previously ingezettet change in how remuneration is made.

The directors receive only a bonus if profits and other benefits to Goldman Sachs are better than those of competitors. \u0026 Nbsp; \u0026 nbsp;

The weaker performance last year, the bank lowered so the pay of Blankfein, who still had received a bonus of $ 7 million in 2015. A part of his remuneration is paid in shares.

Jamie Dimon, head of JPMorgan competitor this year was $ 1 million extra and earned a total of $ 28 million.

Brian Moynihan of Bank of America received $ 20 million, up by a quarter compared to 2015.

Michael Corbat of Citigroup that sticks in with a reward of $ 15.5 million.

Wells Fargo was the departed John Stumpf after the scandal with product sales and accounts to customers who do not yet want $ 21 million. By cashing in his options he earned a revenue of $ 83 million. His successor Tim Sloan saw increased his salary from $ 11 to $ 13 million.

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